Alternative Medical Products Announces Acquisition of German CBD Wellness Company

AMP Alternative Medical Products Inc. (Frankfurt: C4TA)  (ISIN: CA0318961038) (CSE: XCX) announced Wednesday that it has acquired Greenrise GmbH, a German-based CBD wellness company whose brands include Herbify and CANAVEX.

Under the deal, the Berlin-based supplier of medical cannabis, which was recently chosen as an exclusive marketing partner for all Aphria branded products imported or cultivated in Germany, issued 4.29 million of its common shares at CA$1.46 million ($1.17 million) or CA$0.34 per share to Greenrise GmbH's founders, Hendrik Knopp, Florian Witt, and Alex Hintz, who agreed to join the leadership team …

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